When American Sneezes does Nebraska Catch Cold?

Abstract

The latest economic forecast for Nebraska by the Nebraska Business Forecast Council appeared in the January 2001 issue of Business in Nebraska, and reported a 0.9 percent growth in nonfarm employment this year and a 6.1 percent growth in nonfarm personal income. The 0.9 percent employment growth rate is well below the average annual growth rate of 2.1 percent during the 1990s. This forecast largely reflects the state\u27s extremely tight labor market, not the current national economic slowdown

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